Synovus Provides $55.5M Loan For Mixed-Use Property In Dania Beach

Located at 4 North Federal Highway in Dania Beach, this mixed-use property recently underwent a closed transaction. The property is spread across a total of 340 units and holds immense potential.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $55,500,000
• Address: 4 North Federal Highway, Dania Beach
• Market: Dania Beach

Dev Motwani from Merrimac Ventures and Jeff Ardizon & Robert Suris from The Estate Companies played a significant role in this closed deal. Dev Motwani represented the landlord's side, while Jeff Ardizon and Robert Suris were the representatives for the estate companies involved.

This transaction attracted the attention of Synovus, the lending entity that provided a loan of $55,500,000 to facilitate the deal. Their involvement ensured the successful completion of this closed transaction.